The following tables have been revised - All Levels of Government, Operating Statement 2014–15, All Levels of Government, Cash Flow Statement 2014–15, State Governments, Key Analytical Balances 2014–15.

The spreadsheets (datacube) providing more detailed data for the All levels of Government Operating and Cash Flow Statements, and State Government Operating and Cash Flow Statements have now been included.

The ABS has reviewed the Government Financial Estimates (GFE) publication in consultation with data users. GFE will cease to be published, this 2014–15 issue is the final issue.

Government Financial Estimates (GFE) for the commonwealth and state governments are compiled from initial budget forecasts. This release presents consolidated 2014–15 budget forecasts for the general government sector for Commonwealth, Multi-jurisdictional, State, Local and All levels of Government. Two main statements are presented; the Operating Statement and the Cash Flow Statement.

Data for this release are sourced from the commonwealth and state government budget forecasts.

The table below presents the 2014–15 GFS net operating balance and net lending(+)/borrowing(–) estimates for the general government sector for each level of government.

ALL LEVELS OF GOVERNMENT, OPERATING STATEMENT 2014–15General Government

Commonwealth

Multi–jurisdictional (a)(b)

State

Local (b)

All levels ofgovernment (c)

$m

$m

$m

$m

$m

GFS Revenue

390 935

26 021

231 942

43 270

563 131

GFS Expenses

414 731

24 895

231 612

39 151

587 299

GFS Net Operating Balance

–23 796

1 127

331

4 119

–24 168

Net acquisition of non–financial assets

2 359

1 915

11 385

6 810

22 463

GFS Net Lending(+)/Borrowing(–)

–26 155

–789

–11 054

–2 691

–46 631

(a) The multi–jurisdictional sector contains units where jurisdiction is shared between two or more governments, or classification of a unit to a jurisdiction is otherwise unclear. The main type of units in this category are the public universities.(b) Data for local government and multi–jurisdictional sector are estimated.(c) The sum of individual levels of government may not agree with the All levels of government figures due to transfers between levels of government.

2014–15 CASH FLOW STATEMENT

The table below presents the 2014–15 GFS surplus(+)/deficit(–) estimates for the general government sector for each level of government.

ALL LEVELS OF GOVERNMENT, CASH FLOW STATEMENT 2014–15General Government

Commonwealth

Multi–jurisdictional (a)(b)

State

Local (b)

All levels ofgovernment (c)

$m

$m

$m

$m

$m

Surplus(+)/Deficit(–)

–26 819

–1 381

–9 790

–1 137

–47 608

(a) The multi–jurisdictional sector contains units where jurisdiction is shared between two or more governments, or classification of a unit to a jurisdiction is otherwise unclear. The main type of units in this category are the public universities.(b) Data for local government and multi–jurisdictional are estimated.(c) The sum of individual levels of government may not agree with the All levels of government figures due to transfers between levels of government.

KEY STATE GOVERNMENT BALANCES

The table below presents 2014–15 GFS estimates for the key analytical balances in the operating and cash flow statement for the general government sector of each state and territory jurisdiction.

STATE GOVERNMENTS, KEY ANALYTICAL BALANCES 2014–15General Government

Operating Statement

Cash Flow Statement

GFS NetOperatingBalance

GFS NetLending (+)/Borrowing(–)

Surplus(+)/Deficit(–)

$m

$m

$m

New South Wales

–278

–3 707

–3 012

Victoria

1 344

–1 154

–1 145

Queensland

186

–2 321

–2 356

South Australia

–479

–380

–300

Western Australia

177

–1 638

–1 838

Tasmania

–386

–459

–79

Northern Territory

79

–667

–642

Australian Capital Territory

–446

–862

–555

INQUIRIES

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